“Railroads of the Raj: Estimating the Impact of Transportation Infrastructure,” D. Donaldson (2013)

As someone who has spent time trying to retrieve railway data in Pakistan, I really appreciate this effort!

A Fine Theorem

Somehow I’ve never written about Dave Donaldson’s incredible Indian railroad paper before; as it has a fair claim on being the best job market paper in the past few years, it’s time to rectify that. I believe Donaldson spent eight years as LSE working on his PhD, largely made up of this paper. And that time led to a well-received result: in addition to conferences, a note on the title page mentions that the paper has been presented at Berkeley, BU, Brown, Chicago, Harvard, the IMF, LSE, MIT, the Minneapolis Fed, Northwestern, Nottingham, NYU, Oxford, Penn, Penn State, the Philly Fed, Princeton, Stanford, Toronto, Toulouse, UCL, UCLA, Warwick, the World Bank and Yale! So we can safely say, this is careful and well-vetted work.

Donaldson’s study considers the importance of infrastructure to development; it is, in many ways, the opposite of the “small changes”, RCT-based development literature that was particularly…

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